Saab

Type
Internal restructuring
Country
Sweden
Region
Södra Sverige; Västsverige; Västra Götalands län
Location of affected unit(s)
Trollhättan
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.1 - Manufacture of motor vehicles
29.1 - Manufacture of motor vehicles
500 jobs
Number of planned job losses
Job loss
Announcement Date
14 October 2004
Employment effect (start)
15 October 2004
Foreseen end date
15 October 2004

Description

500 jobs will be cut by Saab in Trollhättan as part of the redundancy plan set by General Motors. 300 workers and 200 administrative employees will be affected in the context of this plan, which aims at reducing structural costs in the short term. According to the spokesperson of the company, no decision regarding a long-term strategic solution has been made yet.

Sources

  • 14 October 2004: Dagens Nyheter

Citation

Eurofound (2004), Saab, Internal restructuring in Sweden, factsheet number 60665, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60665.